People: Mondi PLC (MNPJ.J)

MNPJ.J on Johannesburg Stock Exchange

19 Oct 2020
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King, Andrew 

Mr. Andrew Charles Wallis King has been appointed as Chief Executive Officer, Executive Director of the Company effective 11/1/2020. Andrew has more than 17 years’ experience with Mondi in various strategy, business development and finance leadership roles, giving him a detailed understanding of Mondi’s strategy, capital allocation priorities, financial structure and the environment in which the Group operates. He has played a key role in defining the Group’s strategic direction and re-shaping the capital structure since listing. Andrew completed articles with Deloitte & Touche in Johannesburg in 1994. In 1995 he joined Minorco, part of Anglo American, as a financial analyst, before assuming responsibility for the group’s investment management activities, and transferring to their corporate finance department in 1998. He worked on a number of group M&A activities before being appointed a vice president of Anglo American Corporate Finance in 1999. He was appointed Mondi’s Vice President of Business Development in 2002 and Corporate Development Director in 2004. He served as CFO of Mondi from June 2005 to May 2006. He was then appointed as Group Strategy and Business Development Director before becoming the CFO of the Mondi Group in 2008. It was announced on 18 February 2020 that Andrew will be appointed CEO of the Mondi Group with effect from 1 April 2020.

Basic Compensation

Total Annual Compensation, EUR 1,131,180
Restricted Stock Award, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR 1,125,420
Fiscal Year Total, EUR 2,256,600

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --